fromwww.housingwire.com1 month agoHUD walks back mortgage default guidance as too burdensome'Through the new guidance, HUD is providing lenders with more flexibility in borrower engagement while adjusting certain requirements established under ML 2024-24.Remodel
Renovationfromwww.housingwire.com3 months agoIndustry reacts to FHA's loss mitigation changesThe Federal Housing Administration's recent changes to mortgage mitigation are seen as beneficial for borrowers and lenders alike.
Remodelfromwww.housingwire.com3 months agoFarewell, COVID-19 loss mitigation waterfallFHA will end relaxed COVID-era mortgage practices on Sept. 30, introducing stricter loss mitigation rules from Oct. 1.
fromwww.housingwire.com8 months agoEmpathy in the face of foreclosureOwning a home is not just about property; it embodies one's identity and aspiration, impacting families' financial health and generational wealth.Real estate